Wha..?

GM Has Biggest-Ever Automotive Co. Loss

DETROIT (AP) — General Motors Corp. is reporting the largest annual loss ever for a U.S. automotive company as it offers a new round of buyouts to 74,000 U.S. hourly workers.
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The loss topped the previous record GM set in 1992, when it lost $23.4 billion. That’s according to Standard & Poor’s Compustat.